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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Teflon who wrote (7552)10/5/1999 12:19:00 PM
From: MulhollandDrive  Read Replies (1) of 54805
 
Teflon,

This reminds me a lot of the RMBS slaughter too, however, the big difference is that this is supposed to be a great strategic move. RMBS sold off, rightly, on some very significant bad news.

I freely admit that I REALLY don't understand the selling of this stock IF GMST made a good deal. A very able trader on the RMBS thread said once that if the TA doesn't support the FA, believe the TA. The TA is saying that something is wrong. Everyone is saying how great the deal is, yet the selling continues.

bp
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